Democratic presidential candidate Michael Bloomberg is facing criticism over a recently resurfaced video clip that shows him blaming the 2008 mortgage and financial crisis on the elimination of a long-standing racist lending policy known as “redlining.” This is Michael Bloomberg speaking to Georgetown University President John DeGioia in 2008. Mayor Michael Bloomberg: “It probably all started back when there was pressure on banks to make loans to everyone. Redlining, if you remember, was the term where banks took whole neighborhoods and said, 'People in these neighborhoods are poor. They're not going to be able to pay off their mortgages. Tell...
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